The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch […]
Bitget, a top crypto derivatives and copy trading platform, has launched its latest innovation, the Signal Bot trading feature. This feature is designed to help traders anticipate future price movements by analyzing historical market data and patterns. It is seamlessly integrated with TradingView, a widely recognized and trusted charting platform, and enables users to receive […]
An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. Chinese law prohibits the use of VPNs to bypass the country’s “Great Firewall” that blocks popular sites such as Google, Wikipedia, and […]
The World Federation of Exchanges (WFE) recently released a paper that discussed the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society. The WFE suggested six principles for regulating CTPs, including segregating functions to avoid trading against customers. It also encouraged the integration of distributed ledger technology […]
Kraken, a crypto exchange giant, is making bold strides into the stock trading arena. The venture will be spearheaded by a newly-formed entity, Kraken Securities, which is set to facilitate trade in stocks listed in both the United States and the United Kingdom. The exchange has secured necessary approvals for UK stock offerings and is […]
Supra is building an interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. It enables a shared security paradigm across a variety of oracle services, including securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, and more. It is positioned to set the gold standard as Web3’s first intralayer solution, […]
Crypto.com has entered into a strategic partnership with PayPal and Paxos to make Crypto.com the primary cryptocurrency exchange of PayPal’s PYUSD stablecoin. Crypto.com has already listed the PYUSD stablecoin on its platform, and it is available to both retail and institutional investors. Joe Anzures, SVP and GM, Americas and Global Head of Payment Partnerships, Crypto.com, […]
The Blockchain Expo in Amsterdam has highlighted the potential of the cryptocurrency ecosystem in Europe, with prominent speakers discussing the importance of progressive regulation and the use of blockchain technology to power innovative products and solutions. Regulatory matters remain a key focus, with the European Union’s Markets in Crypto-Assets (MiCA) regulation seen as a positive […]
Kraken, a cryptocurrency exchange, is reportedly planning to offer users trading services for stocks listed in the United States and exchange-traded funds (ETFs). The exchange is expected to launch its services in the U.S. and U.K. sometime in 2024 through a division called Kraken Securities. To do so, the exchange will need to obtain licensing […]
Cryptocurrency exchange Binance has announced that it will be fully exiting Russia by selling its local business to a new exchange, CommEx. Little is known about CommEx’s founders or background, but the exchange was launched on Sept. 26, 2023, and is registered in Seychelles. It supports 25 trading pairs, including stablecoins and Binance’s BNB cryptocurrency. […]
